2012-10-06
2012-10-14
x FBC

STATION
FBC 28
LANGUAGE
English 28

Set Clip Length:


don't work on this, the whole economy is going to come skidding to a halt. >> and ben, the irony of course the debates focused on the economy and this seems like question he number one. >> i'm floored, charles, i'm glad you brought it up. the sequester is probably as bad an idea as ever come out of congress and the white house. the idea to me in particular, of cutting the defense budget, 5% of the budget, equally, roughly 5% of gdp, very, very roughly, more like 4%. >> right. >> ehe quali with domestic spending is just insanity, it's suicide. if mr. osama bin laden were still alive, he would like us to be doing this. everyone would like us to be disarming unilaterally and it makes no sense at all. >> adam, i've got to say, mitt romney brought up simpson bowles, even though the question was never asked and acknowledging the question something needs to be done. >> he brought up simpson bowles, and either candidate is discussing the fiscal cliff, there isn't much difference between them. a pox on both their houses. >> it's a bipartisan mistake and problem. i don't disagree with what

the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. lou: the unemployment rate dropping and dramatically. the jobs picture, however, is still stagnant. former cbo director, douglas holtz-eakin, joins us here in just moments to explain all of this and to give us a perspective on the economy going forward. on wall street, stocks finished the nasdaq down about 13 points. for the week, both the dow and s&p up 1% while the nasdaq posted a fractional gain. as i reported, the september unemployment report did come in at 7.8%, down from 8.2%, 114,000 jobs, 10,000 of them government jobs. unemployment is 15% with 23 million americans still unemployed, under employed, or having simply given up looking for work. crude oil dropping again on concerns of slow economic growth. crude oil down a dollar 83 under $90 a barrel. for california, prices statewide for gasoline are $4.99 a station, and some stations charges $6 a g

to our economy. lou: governor romney mentioning big bird in last week's debate as he proposed cuts and funding to the public broadcasting system among a whole bunch of other cuts, it has not stopped sesame workshop from objecting to the president's campaign ad, the nonprofit organization wrote quote, we have approved nong campaign add and as of our general practice, have requested that they be taken down, big bird joining the aarp, and a cincinnati deli owner and nbc's andrea mitchell on the list of people who' the obama campaign to just leave them out of the obama campaign, bad news piling up for the president, some of his most reliable brends hitting him hard, little bi politic coct small ball. and the silly obama campaign. and nbc news called ad absurd, their chief white house correspondent chuck todd said, quote, when can the obama campaign going to stop talking about the debate. they cannot seem to turn the page from the debate. any conversation about that debate, i assume helped mitt romney. that is the reality that is beginning to set in scores of new polls show governor rom

moments to explain all of this and to give us a perspective on the economy going forward. on wall street, stocks finished the nasdaq down about 13 points. for the week, both the dow and s&p up 1% while the nasdaq posted a fractional gain. as i reported, the september unemployment report did come in at 7.8%, down from 8.2%, 114,000 jobs, 10,000 of them government jobs. unemployment is 15% with 23 million americans still unemployed, under employed, or having simply given up looking for work. crude oil dropping again on concerns of slow economic growth. crude oil down a dollar 83 under $90 a barrel. for california, prices statewide for gasoline are $4.99 a station, and some stations charges $6 a gallon. others shut down because of gasoline shortages. nationally, the price of a gallon is now $3.79. good news, however, exxon reporting its refinery in california is back up to full operating capacity, but the chevron is still not at full capacity. we are joined by the former congressional budget office director, the of the american action forum. doug, good to have you with us. i never heard peo

large over all of the days events and developments in the political economy. why was adequate security denied the u.s. consulate in benghazi. the question remains, and why does the administration continue to carry out a political cover-up of the terrorist attack that results in the deaths of u.s. ambassador, christopher stevens and three other americans. in washington, it seems that many americans believe that every bureaucracy and agency in washington is either politicized , incapable, or simply dysfunctional, the result is rising distrust of the government. today, the numbers in our government labored upon the report created suspicion, uncertainty, and a new dimension of mistrust. weekly jobless claims came in with low expectations the president once again asserting that the tax code is designed. in other words from the man was shot in the head and neck if he commuted to work in yemen. we will have the latest developments tonight. the latest in a series of incredible statements by stephanie cutter. touching on the tragedy in benghazi. carter's rationale for why the murder of our amba

%. the feds fed's beige book report in the economy expanded modestly from mid august to september, the residential housing market employment consumer sppnding remaining flat. meanwhile, wholesale businesses increasing stockpiles in august, sales rising for the first time in four months, inventories and half of a percent. turning back to politics, joining us live from danville kentucky, senator ron johnson, member of the senate budget and appropriations committee. strong supporter of the governor, mitt romney. good to have you with us, senator we met harry doing? >> i'm doing great. a lot riding on this debate tomorrow night. congressman ryan, he is pretty nimble on the budget. you think that he is ready to do as well as the government that is well as president obama? >> nobody knows more about the federal budget and paul ryan does. nobody has put forward more serious proposals by paul ryan. i would expect this to be an interesting evening. he is no slouch in these things. he's going to have a real problem, the same problem the president obama had. he has a record that is almost im

to cr credibility. biden: they see an economy crippled, that there's 50% fewer exports of oil. he sees the currency going into the tank. he sees the economy going in a free fall, and he sees the world for the first time totally united in opposition to him getting a nuclear weapon. with regard to bb, he's been my phren, and the president met with him a dozen times and spoke with him as much as anybody. i was -- just before he went to the u.n., i was in a conference call with the president, with him talking to bb for well over an hour, and stark relief in what was going on. this is a bunch of stuff. >> moderator: what's that mean, "a bunch of stuff"? ryan: it's irish. biden: it is. the secretary of defense can't walk anything back. we will not alllw the iranians to get a nuclear weapon? what bb held up there was when they get to the point where they can enrich ewe rain yum enough to put in a weapon. they don't have a weapon to put it into. let's calm down a little bit here. iran is more isolated today than when we took office. it was on the asen den sigh when we took office. it's tote hi

. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. lou: president obama's underperformance on the national stage, republican utah congressional candidate mia love will join us in just a moment to talk about the challenges of this election year. first, on wall street, stocks closing lower of what end of what is expected to be a weak earnings season, and beginning to rip, at least. perhaps some volatility. the dow jones industrial is down 26 points. the s&p fell five points, the nasdaq down 34 points. third-quarter kickoff tomorrow. companies in the s&p expected to post overall a decline in profits for the first time in nearly three years. about 2.5% lower of the previous years. meanwhile, the world bank slashed its growth outlook for the developing economies of eastern asia and the pacific region. about 7% down from an earlier projection of more than 7.5%. the weakest growth outlook in

of the previous years. meanwhile, the world bank slashed its growth outlook for the developing economies of eastern asia and the pacific region. about 7% down from an earlier projection of more than 7.5%. the weakest growth outlook in 11 years. turning back to politics, president obama's lackf popularity, putting democratic incumbents at significant risk. my guess, overtaking her opponent in the polls last week, after she made her debut on the national stage during the rnc. joining us tonight is republican candidate and utah's fourth congressional district candidate, mayor mia love. good to have you with us. >> hello, thank you for having me. lou: let's start with the situation in utah. comfortably a republican state. you are incumbent, you are the incumbent -- the incumbent you are challenging has been solidly in his position that he supports president obama. is that not a significant advantage now for you as this campaign closes? >> oh, yes, of course it is. utah, i believe, will support mitt romney overwhelmingly. i think we will have -- mitt romney will have more votes out of the sta

on the political economy and the "a-team" joins us here later. >> to manage matter? what to the means? the vice-presidential debate looks to the scuffle between california democrats. we will show you the unlikely combatants. and with only three weeks in three days to go into election day, clear politics showing only nine states solidly in the obama column. the "a-team" is next. is coming . as a homeless teen myself, i really understand this first hand. nobody should go through that, and with your help, nobody wil to find out how to do your part, go to childhungerendshere.com ♪ lou: we will get to the real deal. vice-president biden is demeanor overshadowing many of the issues discussed last night and debated. the vice president grinning, laughing, smirking during congressman ryan's answers. republican national committee calling the behavior enhanced. joining us, people here know about and hands come here to talk. the vice presidents to meter, congressman ryans demeanor, and last estimate. psychotherapists dr. rob ludwig, a psychologist, adjunct political professor, osteopathic medicine. thank

our economy right now the fiscal cliff, train wreck of automatic tax hikes and spending, and that's why neil will be live from the nation's capital next week, hosting a special cost of freedom. 10 a.m. to noon eastern. >> calling for help may cost you. one town in pennsylvania asking for a special tax for an emergency ambulance service. and some in california are suing for extra control for wildfires. gary b, you say it's getting out of control? >> absolutely, most of these cities are cash strapped. they're financially mismanaged and it's an opportunity for them to put one more hand in the taxpayers' pockets. look, the root of this is not that they ned more money, they need to spend what they have more efficiently and overburdened with pensions they can't pay and they have too many government employees on the payroll and they're badly run, and asking a taxpayer to fund government inefficiency is the wrong way to go. >> brenda: well, jonas, we're already paying taxes, isn't that supposed to be covering what we get for this? >> well, those income taxes are artificially low. a lot o

as we focus on the political economy and the "a-team" joins us here later. >> to manage matter? what to the means? the vice-presidential debate looks to the scuffle between california democrats. we will show you the unlikely combatants. and with only three weeks in three days to go into election day, clear politics showing only nine states solidly in the obama column. the "a-team" is next. ...seems like you guys got a little gassed out there. enough already. c'mon guys. next question. hello! what's your favorite color? what's my favorite color? yes. purple. what's your favorite animal? sea turtle. what's your bedtime? do you believe in space aliens? ...i love puppies. hash browns or home fries? home fries. do you like my dress? why can't y guys ask good questions like this? [ morgan ] for a chance to interview an nfl player... join visa nfl fan offers and make your season epic. ♪ lou: we will get to the real deal. vice-president biden is demeano overshadowing many of the issues discussed last night and debated. the vice president grinning, laughing, smirking during congressman ryan

in 57 states. >> so candidates try to stick to the script. >> for an economy that's built to last. >> for an economy that's built to last. that built to last. >> nicole says she doesn't mind hearing the same speech again and again. >> when you know the speech so well in and out, it makes it that much easier to pinpoint when there's something new. it's almost like your ears perk up. >> the whole pack perks up, what was that? >> you see all of us furiously typing or tweeting. >> sometimes campaigns play with reporters, use us for their purposes. get a joy in fooling the media? >> yes, but more importantly in a campaign you want to have your own narrative at your own time. >> my running mate, dick cheney. >> before bush made this announcement, rove wanted to mislead the media. >> we had a guy on the campaign who was a leaker. >> how do you know he was a leaker? >>ell, because he was a leaker. -- said, what's going on with the vice presidency? i said, look, big secret, don't tell anybody, but bush has decided t go with jack danforth of missouri. >> the media ran with the false story.

people get food stamps and one in seven americans now get them, that's actually good for the economy. >> if you want to create jobs the quickest is to provide more funding for food stamps. john: create jobs with food stamps. >> it would be laughable. making that statement. it's wrong on two counts. you're taking money from someone else. redistributing and giving it to someone else. that's always a problem. the government acting as a middleman. second, the facts. it hasn't worked. i've said all along. government spending, regulation will get us out of this economic mess. we have -- we would be out of it a long time ago. you're taking a for one and giving it to another which is problematic and then the simple fact is it hasn't worked. john: another attack on you. republicans, the national journal article. the democrats say this conservative attack on the social welfare program is being waged for the very wealthy. congressman richard neal from massachusetts. my god, can we do any more to help the wealthy that our republican friends? >> think about their own personal life or anyone in yo

Excerpts 0 to 27 of about 28 results.


(Some duplicates have been removed)


Terms of Use (10 Mar 2001)